Copper dropped on Friday and was set for its biggest weekly drop in London since March, as a rout in technology stocks battered markets. Benchmark three…
Emerging ‌and developing economies outside China are expected to add as much new renewable energy capacity as advanced economies for the first time over…
Gold prices slipped on Friday as oil prices rebounded, fanning inflation worries and higher-for-longer interest rate expectations, while investors awaited key…
Oil prices are set for a sharp weekly drop on expectations of a de-escalation of the Iran war after US President Donald Trump's party suffered election losses,…
Iraq and the United States signed on Monday memoranda of understanding (MOUs) to capture flared gas and transform it into electricity, in an attempt to solve…
Air transport traffic in Saudi Arabia in 2023 registered a record number of nearly 112 million passengers through various airports in the Kingdom, with a…
The mining sector in Saudi Arabia is undergoing a significant transformation that will transform it into a key pillar for the nation's economic diversification…
Abu Dhabi's TAQA on Wednesday said it was in discussion with the three largest shareholders of Spanish energy firm Naturgy, including Criteria and two private…
Türkiye will take steps to strengthen its medium-term economic program and the three main priorities are to increase public savings, prioritize investments and…
The Egyptian government's main priority is to reduce inflation to within the central bank's target, Finance Minister Mohamed Maait said on Tuesday, adding that…
IMF Chief Economist Pierre-Olivier Gourinchas warned on Tuesday that a broader conflict between Israel and Iran could push energy prices up, forcing…
Oil prices extended losses on Wednesday as worries about global demand due to weak economic momentum in China and a likely rise in US commercial stockpiles…
In the wake of Iran's April 13 attack on Israel, experts are divided on whether the US will tighten oil-related sanctions on Tehran, with some expecting swift…
The International Monetary Fund has raised its expectations for Saudi Arabia’s economic growth in 2025 to 6 percent – up from 5.5 percent predicted in January…
US Treasury Secretary Janet Yellen warned Tuesday of potential global economic damage from rising tensions in the Middle East and pledged that the US and its…
Saudi Arabia and Pakistan are seeking to bolster economic cooperation, boost the trade exchange between them and support investors to expand their work in the…
Saudi Arabia’s property prices rose by 0.6% in the first quarter of this year, mainly due to a 1.2% increase in residential property prices. Government…
In March, inflation in Saudi Arabia slowed down to its lowest level since 2021, hitting 1.6% annually compared to 1.8% in February. This drop was mainly…
NEOM, the sustainable development taking shape in the northwest of Saudi Arabia, brought together over 100 of the world’s leading construction companies for a…
The World Bank’s new Middle East and North Africa Economic Update, entitled “Conflict and Debt in the Middle East and North Africa”, shows that lackluster…
Gold prices rose on Monday, attracting some safe haven bids, while oil prices were choppy after Iran's retaliatory attack on Israel over the weekend stoked…
Indian shares fell on Monday as investors sold riskier assets after Iran's retaliatory attack on Israel over the weekend spurred fears of a wider regional…
Europe's aviation regulator reaffirmed advice to airlines to use caution in Israeli and Iranian airspace though it said no civil overflights had been placed at…
Türkiye's central bank posted a 2023 loss of 818.2 billion lira ($25.25 billion), showed its balance sheet published in the Official Gazette on Sunday, on the…
Arab financial markets have been experiencing significant ups and downs due to geopolitical tensions and economic factors. Investors are closely watching…
Oil prices fell at Asia's open on Monday, as market participants dialed back risk premiums following Iran's attack on Israel late on Saturday which the Israeli…
Saudi Finance Minister Mohammed Al-Jadaan will lead the Kingdom's delegation at the International Monetary Fund and World Bank Group 2024 Spring Meetings in…
Algerian gas topped Spain’s gas imports during the first quarter of 2024 despite a trade rift between Algiers and Madrid over the Sahara conflict. According…